India's L&T Hydrocarbon Engineering wins order for Offshore Vasai East projectDec 30, 2014L&T Hydrocarbon Engineering (LTHE), a fully owned subsidiary of India's Larsen & Toubro, has bagged an offshore contract valued at $140.4 million
Otto Marine sells AHTS for $100 millionDec 30, 2014Otto Marine Limited says that its shipyard has, through one of the Company’s wholly-owned subsidiaries sold an Anchor Handling Tug Supply Vessel,
Keppel AmFELS wins $100M deal to build onshore drilling rigDec 30, 2014Keppel AmFELS LLC, a U.S.-based wholly-owned subsidiary of Singapore's Keppel Offshore & Marine Ltd. (Keppel O&M), has won a contract valued at
Swissco's Finance Executive misappropriates $2 millionDec 30, 2014Swissco Holdings Limited has discovered that an aggregate amount of approximately S$2.58 million (the “Misappropriated Funds”) was misappropriated
Rosneft and Petrocas create a logistics and retail Joint VentureDec 30, 2014Rosneft has entered into definitive documentation to acquire 49% stake in Petrocas Energy International Limited (Petrocas), creating the joint venture
Dragon Oil make second oil discovery at 'Block 9', IraqDec 30, 2014Dragon Oil advises that Kuwait Energy, Dragon Oil's partner in Block 9, Iraq (Dragon Oil 30% interest), issued the following update on the exploration
Wentworth Resources completes Tembo-1 exploration well drillingDec 30, 2014Wentworth has completed drilling operations of the Tembo-1 well and a natural gas discovery has been made in Cretaceous aged sands.
Sedco Express arrives at CAMAC Energy's Oyo FieldDec 30, 2014CAMAC Energy Inc. says that the semi-submersible drilling unit, Sedco Express, has arrived to the Oyo Field located in OML 120 offshore Nigeria.
Lundin begins first oil from the Brynhild field; offshore NorwayDec 30, 2014The Brynhild field commenced production on 25 December 2014. The Brynhild field, located on PL148 in the Norwegian sector of the North Sea, is a
Pakistan Petroleum makes sixth discovery in Gambat SouthDec 30, 2014Pakistan Petroleum Limited (PPL), operator of Gambat South Block with 65 percent working interest (WI) along with its joint venture partners
BG Group loads first LNG cargo from QCLNG project in AustraliaDec 30, 2014BG Group has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since 28 December. The vessel being loaded is the Methane Rita Andrea. The second cargo of LNG from the facility will be loaded onto the Methane Mickie Harper which is expected in Gladstone in the first week of January.
Freeport-McMoRan performs successful production test in South LouisianaDec 29, 2014Freeport-McMoRan Inc. announced a successful production test from Freeport-McMoRan Oil & Gas's (FM O&G) Highlander discovery, located onshore
BPZ Energy puts new Corvina CX15-14D well onlineDec 29, 2014BPZ Energy provided initial production rates from the Corvina CX15-14D development well completed in early December. The well was drilled to a total
Quattro Exploration increases oil production at Oak, B.C.Dec 29, 2014Quattro Exploration and Production Ltd. has completed and tied-in of the first of two light oil wells at Oak, BC. The conventional oil well was a re-entry
Victoria Oil & Gas sign gas sales agreement with ENEO CameroonDec 29, 2014Victoria Oil & Gas’s wholly owned subsidiary Gaz du Cameroun S.A. (GDC) has signed a legally binding term sheet with ENEO Cameroon S.A (ENEO),
Cue completes the sale of Papua New Guinea portfolioDec 29, 2014Cue Energy Resources Limited has completed the sale of its interests in Papua New Guinea to the National Petroleum Company of PNG for USD7m. Energy Resources Limited has completed the sale of its interests in Papua New Guinea to the National Petroleum Company of PNG for USD7m.
PTTEP reveals 5-year investment plan Adjusts strategy to cope with oil price fluctuationDec 29, 2014Approximately USD 24 billion for 5-year plan (2015 – 2019), of which 80% allocated to the investments in Thailand and Southeast Asia Prioritize the
Tellus provides update on its Cooper Basin exploration activitiesDec 29, 2014Tellus Resources Limited provides an update on its Cooper Basin exploration activities in Petroleum Retention Licences (PRLs) 108, 109 and 110.
Dejour's 2nd well logs 17' of gething gas payDec 29, 2014Dejour Energy Inc. updates current development progress underway at the Woodrush/Hunter Project ('Woodrush') in NE British Columbia.
Golar LNG signs Heads of Agreement in CameroonDec 29, 2014Golar LNG Ltd has signed a Heads of Agreement (the "HOA") with Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon (Perenco) for the development of a floating liquefied natural gas export project (the "Project") located 20km off the coast of Cameroon and utilizing Golar's floating liquefaction technology (GoFLNG).
Magnum Hunter's Stalder 3UH well (Utica) is now under control and cappedDec 26, 2014Magnum Hunter Resources Corporation says that the previously announced blowout of the Company's Utica Shale well, the Stalder 3UH, located in
Range Resources sells non-core Texas assetsDec 26, 2014Range has signed a Sale & Purchase Agreement for the disposal of 100% of Range Australia Resources (US) Limited which holds the Company's
Petrobras reaches records 700 thousand barrels per day of production at the Pre-Salt layerDec 26, 2014Petrobras has reached, in December 21st, a new historical record of oil and NGL daily production, producing 2 million 286 thousand barrels. Produced
Hardy Oil and Gas relinquish exploration licence in IndiaDec 26, 2014Hardy Oil and Gas on 23 December 2014 consented to the relinquishment of the KG-DWN-2003/1 (D3) exploration licence. On 23 December 2014, the D3 Management Committee